HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Because smart traders will invest in the stock, knowing that idiots will also be investing in it. This affects the price, so more
people buy into it. This benefits the original poster more than anyone and rewards their behaviour, so the cycle continues. Even though the post was bollocks and everyone knows it, there's still an incentive to buy in.
Meanwhile, every trader left behind by the price movement pays a cost. The only way to make gains becomes to follow the forum intently and invest in every bogus piece of info that's reported here. This makes it less fun for players who trade on fundamentals. I mean, who wants to wade through a whole board of crap in order to trade? No one. Existing players quit, and new players won't join because it sucks, they all go do other things and HSX becomes less viable.
That's why market manipulation is banned - it makes HSX more fun for a few traders, but a lot less fun for everyone else.
Also, you mentioned in your post that the adjust and the delist are based on published numbers, so what's the big deal? But AVNGR (to take an example) has been on HSX for five years. So the price of AVNGR has been determined by unarguable numbers in 1 day out of the last 1800. On the other 1799 days, AVNGR's price has been determined by supply and demand, which means it can be affected by manipulation.
ok, new question. Where can one go to find or create call to actions??? something tells me this May 08, 10:33
in one's own mind seems to be safest! {nm} May 08, 10:35
I think the point is to disallow calls to action, to prevent market manipulation. May 08, 10:38
That would be Broadway and Wall St, ever since the Buttonwood Agreement in 1792 :). {nm} May 08, 10:38
But you can't really manipulate the market - box office receipts come in and the price adjusts. Who cares what you post? May 08, 10:41
Sheep follow sheep and wolves that mix in can make an H$ or two. {nm} May 08, 10:47
Exactly!!! May 08, 10:48
Apparently you cant read {nm} May 08, 10:55
To be clearer, proper functioning of a market relies on there being information that can be trusted by investors. May 08, 11:01
Very good reply, thank you. {nm} May 08, 11:05
+1.....lots of newbs think they're the Jim Kramer of HSX w/o any understanding of this game {nm} May 08, 12:13
Well, but hang on a moment... forums aren't truth centers, they're just forums May 08, 12:42
Because smart traders will invest in the stock, knowing that idiots will also be investing in it. This affects the price, so more May 08, 13:47
once you allow one to post a call to action, you allow everyone. then this place becomes an impossible-to-read forums with May 08, 13:52
You're jumping the gun a bit May 08, 14:29
There's nothing wrong with stating your opinion. Just state your reasoning when you do. {nm} May 08, 14:34
I love unreasonable assumptions; they're my favorite kind {nm} May 08, 14:41
bottom line...its against the rules May 08, 13:58
In the long-run you cannot, but short-term is a different story. {nm} May 08, 11:00
the best and only legit call to action is to find real breaking news about a movie, and post it here {nm} May 08, 11:35
